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Saudi Crown Prince MBS unveils Rua Al Madinah project to facilitate Umrah pilgrims

10:45 AM | 25 Aug, 2022
Saudi Crown Prince MBS unveils Rua Al Madinah project to facilitate Umrah pilgrims
Source: @imarat_almadina (Twitter)

JEDDAH – Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz unveiled the master plan for the Rua Al Madinah Project in the area east of the Prophet’s Mosque, with an aim to increase capacity for hosting pilgrims.

The project, which has been launched in line with kingdom’s Vision 2030, will raise the capacity to facilitate hosting 30 million Umrah pilgrims by 2030.

The project is being developed and implemented by Rua Al Madinah Holding Company, a PIF company that specializes in development, operation, and real estate investment in Madinah, the state-run Saudi Press Agency reported.

Speaking on the occasion, the crown prince said that the project will be implemented to the highest international standards in an indication of the continuous support from the Kingdom’s leadership to Madinah to consolidate its position as a modern Islamic and cultural destination.

Spanning 1.5 million square meters, the project is set to add over 47,000 hotel rooms by 2030, in addition to open spaces and green areas.

The project will also boast nine bus stops for visitors, a metro station, tracks for self-driving vehicles, and underground parking. These are being introduced to facilitate visitor access to the Prophet’s Mosque and will support both residential and commercial activity while helping to create many job opportunities.

The project aims to elevate the city’s status as a modern Islamic and cultural destination for pilgrims, besides aiming to contribute to achieving the goals of the Hajj, Umrah, and travel sectors outlined in Vision 2030 by enriching the experience of visitors to the city.

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 4 March 2024

Pakistani rupee remains stable against US dollar in the open market on March 4, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan - 4 March 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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